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Tron (TRX) and Rollblock (RBLK) In The Green Over Past Week As Nea… | EVM News

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Despite a turbulent week for cryptocurrencies, with AVAX plummeting up to 20%, Tron (TRX) and Rollblock (RBLK) remain in the green. 

Rollblock is changing the $450 billion gambling industry through its AI-driven GambleFi ecosystem. At just $0.014 per token, this brand-new ICO is capturing the headlines, with over 39% of its tokens already finding their early owners. 

Here’s what you need to know to stay in the green this summer. 

AVAX price slides this month

The AVAX price has taken a hit, dropping by about 20%. One factor could be the cooling interest from investors and traders. This basically means a decrease in trading volume for AVAX, which often leads to price volatility and downward pressure.

This bearish mood is likely fueled by AVAX’s fall from the top ten cryptocurrencies by market cap. Competitors have replaced it, which can erode investor confidence and trigger further selling.

Not to mention, the entire crypto market is experiencing a down moment due to factors like regulatory uncertainty, changes in monetary policy, and general financial market trends. This broader market weakness affects individual currencies, including AVAX.

Finally, the derivatives market has also played a role in AVAX’s price decline. Positive funding rates in the derivatives market mean holding long positions (betting on price increases) is expensive. When these positions aren’t rewarded with rising prices, it can lead to sell-offs, pushing prices lower.

These combined forces have caused the recent significant drop in the price of AVAX and other cryptocurrencies.

TRX has been in the green over past week

Tron has boomed over 5.5% in just the past week. This bullish trend mirrors a broader crypto market rebound, but also demonstrates Tron’s own durability.

What makes Tron a standout player? It’s all about innovation. Tron brings blazing-fast transaction speeds, processing up to 2,000 transactions per second. This blows older blockchains like Bitcoin and Ethereum out of the water.

But Tron’s strength goes beyond speed. It’s built on an energy-efficient delegated PoS system, making it a more eco-friendly choice. Investors are taking notice. Tron’s transparency and security through blockchain technology are building confidence and solidifying its position as a major player in the crypto space.

The future of online gaming is here: Rollblock

The online gambling scene is exploding, fueled by convenience, diverse games, and the thrill of potential wins. But what if you could benefit beyond just playing? Enter Rollblock, a groundbreaking GambleFi platform that fuses the best of online casinos with the power of cryptocurrency, creating a win-win for both players and investors.

Forget just playing for a chance to win big. With Rollblock, you can become a part-owner. Owning its RBLK token grants you a share of the house’s profits, essentially giving you stock in your favorite casino. The twist is provably fair games and instant payouts, all thanks to blockchain technology.

Fairness is a major concern for online gamblers. Traditional casinos can feel like a black box, leaving players questioning the odds and game integrity. Rollblock eliminates this issue. Every transaction is recorded on the blockchain, a transparent and tamper-proof public ledger, ensuring fairness and building trust – something traditional casinos often lack.

Rollblock prioritizes convenience and security. A simple email address is all you need to get started. Deposits and withdrawals are a breeze with major cryptos like BTC and ETH supported. Plus, there are no KYC requirements.

Not to mention, Rollblock offers a massive library of exciting titles, from timeless slots and table games to cutting-edge live dealer experiences. The best part is that you can enjoy instant wins and payouts, eliminating the wait times that plague traditional casinos. The GambleFi protocol is set to introduce sports betting to the fold in the coming months, an arm that will surely add even more revenue to the business and therefore the pockets of RBLK holders. 

The online gambling market is projected to reach a staggering $145.4 billion by 2028, and Rollblock is positioned to grab a significant share. With features like a continuous reward system for token holders, instant buybacks to maintain token value, and a thriving community, Rollblock fosters a sustainable and rewarding ecosystem for everyone involved.

Summary

While many cryptos, including AVAX, slide, Tron (TRX), and Rollblock (RBLK), are leading the charge. Rollblock, a revolutionary GambleFi protocol, is uniquely positioned to disrupt the $450 billion gambling industry with its AI-driven ecosystem. 

Currently priced at just $0.0145, and with over 40% of tokens already sold in Stage 3, now is the perfect time to jump in before the price increases again in the coming days!

Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
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Pump.fun Revenue Surpasses $50 Million | EVM News

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Pump.fun Revenue Surpasses $50 Million

YEREVAN (CoinChapter.com) — Pump.fun’s cumulative revenue has crossed $50 million. The Solana-based memecoin launchpad is noted for its ease of use and Solana’s low transaction fees. According to DefiLlama data, Pump.fun generated over $598,000 in revenue within the past 24 hours.

Pump.fun’s Memecoin Launch and Continued User Engagement

Pump.fun has helped launch over 1.18 million memecoins. The platform’s popularity grew amid the recent meme-token boom, resulting in the creation of various political-themed cryptocurrencies, celebrity tokens, and more. Data from Dune Analytics confirms the high volume of memecoins deployed via Pump.fun.


Pump.fun Deployment Trends

Source: @hashed_official
Pump.fun Deployment Trends. Source: @hashed_official

Recent unfavorable market conditions have caused a dip in daily fees. However, Pump.fun still shows significant user engagement and economic activity on the Solana network.

PUMP Price Movement

Source
PUMP Price Movement. Source: livecoinwatch.com

Pump.fun Boosts Solana’s Economy Amid Rising Competition

The substantial fees generated by Pump.fun and the large number of tokens deployed have brought considerable economic activity to Solana. The platform maintains high user interest and drives transactions.

Pump.fun Daily Revenue

Source: The Block
Pump.fun Daily Revenue. Source: The Block

Dexscreener, a crypto data aggregator, launched a rival memecoin launchpad named Moonshot. Also based on Solana, Moonshot accumulated nearly $500,000 in revenue during its debut week, according to DefiLlama data. This new competitor adds another layer to the growing memecoin market on Solana.

Pump.fun’s Revenue Model and Celebrity Impact on Solana

Pump.fun charges a 1% fee on trades and a two SOL fee when tokens gain enough liquidity to list on Raydium, a decentralized exchange on the Solana blockchain. This revenue model has significantly boosted user engagement and transaction activity within the Solana ecosystem.

Celebrity involvement has also contributed to Pump.fun’s growth. Last month, Caitlyn Jenner launched her token, JENNER, on the platform and heavily promoted it. The token’s value quickly rose to $43.6 million after the launch but has since dropped by over 85%.

Key Numbers and Facts

  • Pump.fun’s cumulative revenue: $50 million+
  • Memecoins launched: 1.18 million+
  • Recent 24-hour revenue: $598,000+
  • Moonshot’s debut week revenue: $500,000


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Real Bedford Football Club Signs 5-Year Bitcoin Sponsorship with W… | EVM News

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Real Bedford Football Club Signs 5-Year Bitcoin Sponsorship with Winklevoss-Founded Gemini

YEREVAN (CoinChapter.com) — Crypto exchange Gemini and Real Bedford football club, co-owned by Peter McCormack, have signed a five-year sponsorship deal. The deal, announced on Monday, aims to support the club’s success and create new opportunities for locals. It will be paid in Bitcoin.


Gemini and Real Bedford Partnership Announcement (Source: @BSCNews
Gemini and Real Bedford Partnership Announcement. Source: @BSCNews

Winklevoss Capital, owned by Gemini founders Tyler and Cameron Winklevoss, made a $4.5 million investment in the football club in April. The new sponsorship is in addition to the previous investment. The April investment made the Winklevoss twins co-owners of the club alongside McCormack. McCormack bought the club in 2022.

Company Logo to Feature on Jerseys in New Deal

A Gemini spokesperson explained that both the team’s jerseys and the pitch will feature Gemini’s logo as part of the sponsorship deal. Gemini has sponsored the club since 2022. The value of the new deal was not disclosed.

Real Bedford’s integration of Bitcoin into its operations stands out. Players are able to receive payments in cryptocurrency, and fans can buy tickets and merchandise using Bitcoin. This integration has led to a +62% return, strengthening the club’s financial position.

Real Bedford’s Bitcoin Strategy Secures 62% Return

Real Bedford football club holds its treasury in Bitcoin. The five-year sponsorship deal will be paid directly into this Bitcoin treasury. This strategy safeguards the club’s savings and investments against high inflation. The football club plans to use the sponsorship funds to build a new training center and launch a youth football academy for underprivileged children in Bedford, England.

“By integrating Bitcoin into our treasury, we have achieved a +62% return,”

McCormack said. This return has helped protect the club’s cost base against inflation. Bitcoin is a key part of its financial strategy.

“I want to extend a massive thank you to Gemini for renewing their sponsorship agreement with Real Bedford for another five years.

McCormack commented

Real Bedford Men’s side celebrate back-to-back league titles Image: Bedford Independent
Real Bedford Men’s side celebrate back-to-back league. Image: Bedford Independent

The sponsorship deal will provide significant support to children in Bedford. For example, the new training center and youth football academy are significant steps forward for the area. They will provide better opportunities for underprivileged children in Bedford, where McCormack lives.


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Web3-Friendly Lampu Festival in Bali Uses NFT Tickets and Crypto P… | EVM News

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Web3-Friendly Lampu Festival in Bali Uses NFT Tickets

Key Takeaways:

  1. Web3-Friendly Lampu festival used NFT ticketing for secure entry, reducing fraud.
  2. Payment options included traditional methods and USD Coin (USDC).
  3. Belong provided a branded platform with event schedules and real-time updates.

YEREVAN (CoinChapter.com) — The Lampu festival in Bali, inspired by the world-famous Burning Man, integrated Web3 technologies for its 2024 event. Held from Feb. 29 to March 3, the festival welcomed over 1,000 attendees who experienced NFT ticketing and crypto payments.

Lampu Festival: Embracing Web3 in Bali

Source:
Lampu Festival: Embracing Web3 in Bali. Source: Lampu.org

Lampu Festival Implements NFT Ticketing for Secure Entry

NFT ticketing was a feature of the Lampu festival. Each ticket, a unique digital asset stored on a blockchain, ensured authenticity and ownership. This method reduced fraud and improved operations for the organizers. Unlike traditional tickets, NFT tickets provided a secure method of entry, eliminating the risks of counterfeiting or loss.

Belong’s platform offered multiple ticket price tiers. After successful payment, users received their tickets in NFT form. The transaction ID was available on Etherscan, and the NFT was visible on the OpenSea platform. Gasless minting allowed payments with USDC without needing other cryptocurrencies like Polygon (MATIC) or Ether (ETH). Festivalgoers then scanned their QR code on the same platform to enter the event.

Belong offers multiple tiers for price tickets and a simplified experience for users. Source: Belong
Belong offers multiple tiers for price tickets and a simplified experience for users. Source: Belong

Jay, Belong’s founder, stated,

“Our goal is not only to provide software but also to enhance engagement and create meaningful connections within communities.”

Payment Options at Lampu Festival

The festival’s payment options included both traditional methods and USD Coin (USDC), a stablecoin pegged to the U.S. dollar. Community owners received payments in USDC, simplifying the financial transactions.

Visitors to the Lampu festival could choose from Apple Pay, Google Pay, and Web3 wallets, providing a variety of payment options to suit different preferences. This flexibility ensured that both tech-savvy attendees and those less familiar with cryptocurrency could easily participate.


Web2 Meets Web3: Simplified NFT Ticketing

Source: Belong
Web2 Meets Web3: Simplified NFT Ticketing. Source: Belong

Belong’s platform developed a Lampu-branded landing page for the event. This page included event schedules, community links, and real-time updates. It was designed to be accessible to a diverse audience, including those unfamiliar with Web3 technologies.

Lampu 2024 Event Details

Source: Lampu 2024 Event Page
Lampu 2024 Event Details. Source: Lampu2024 Event Page


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